Right, but reread your post and bring it back to fundamentals.
I mean overall it's a great example of public companies no longer functioning correctly in the financial ecosystem. Idk if there was a time when they did, but it feels like they definitely don't now.
But yes –their share price is up 350% in 6 months, and will undoubtedly have caught the attention of many other companies. Could be a totally new paradigm if others follow suit. Not to mention the unprecedented success of the US ETF launch.
In your post you've basically layed out why Microstrategy has turned itself into a ponzi scheme with no fundamental value (or at least a value totally unconnected with their business).
Your reply to Howard read as though you were dismissing their point.
Right, but reread your post and bring it back to fundamentals.
I mean overall it's a great example of public companies no longer functioning correctly in the financial ecosystem. Idk if there was a time when they did, but it feels like they definitely don't now.